Can I Buy a House With a 300 Credit Score?

A very good Friday morning to you and welcome to Houston first time home buyers edition. We hope you had a great week as you get ready for the long weekend. Today's topic is, can you buy a house with a 300 credit score? The answer is no; you cannot buy a home with a 300 credit score:(

FHA does allow you to purchase a home with a 500 credit score and 10% down payment. However, in addition to the large upfront cash down payment, you may also need to have 3-6 months' mortgage payments in verifiable liquid assets before closing. 

As always, thank you so much for stopping by. Remember, if you are thinking of purchasing your first home, please give us a call 713.204.8013 or Email us. We are here to help. We have been helping Houston first time home buyers since 2011 and we can help you. I hope you have an amazing day. Until next time...Diana